Overview of the Global Market for Blankets And Travelling Rugs Of Synthetic Fibres

Market Size for Blankets And Travelling Rugs Of Synthetic Fibres

The global market for blankets and travelling rugs of synthetic fibres reached $X in 2022, leveling off at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the global market remained at a somewhat lower figure.

Production of Blankets And Travelling Rugs Of Synthetic Fibres

In value terms, travelling rugs of synthetic fibre production expanded to $X in 2022 estimated in export price. Over the period under review, the total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. Global production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Blankets And Travelling Rugs Of Synthetic Fibres

Exports

For the fourth year in a row, the global market recorded growth in overseas shipments of blankets and travelling rugs of synthetic fibres, which increased by X% to X units in 2022. Over the period under review, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The global exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, travelling rugs of synthetic fibre exports reached $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the global exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Exports by Country

In 2022, China (X units) represented the key exporter of blankets and travelling rugs of synthetic fibres in the world, making up X% of total export.

China was also the fastest-growing in terms of the blankets and travelling rugs of synthetic fibres exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of China increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest travelling rugs of synthetic fibre supplier worldwide.

In China, travelling rugs of synthetic fibre exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the average export price for blankets and travelling rugs of synthetic fibres amounted to $X per unit, remaining relatively unchanged against the previous year. Overall, the export price, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Imports of Blankets And Travelling Rugs Of Synthetic Fibres

Imports

In 2022, overseas purchases of blankets and travelling rugs of synthetic fibres increased by X% to X units, rising for the third consecutive year after two years of decline. Overall, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, travelling rugs of synthetic fibre imports reduced modestly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then reduced modestly in the following year.

Imports by Country

In 2022, the United States (X units) was the major importer of blankets and travelling rugs of synthetic fibres, achieving X% of total imports. It was distantly followed by Germany (X units), committing a X% share of total imports. The Netherlands (X units), France (X units), Poland (X units), Spain (X units), Canada (X units), Japan (X units), Greece (X units), Italy (X units), the United Arab Emirates (X units) and Brazil (X units) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of X% from 2012 to 2022. At the same time, Greece (X%), Poland (X%), the Netherlands (X%), France (X%), Italy (X%), Germany (X%), Canada (X%), Brazil (X%) and Spain (X%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. By contrast, Japan (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States, the Netherlands and Poland increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported blankets and travelling rugs of synthetic fibres worldwide, comprising X% of global imports. The second position in the ranking was taken by Germany ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and Japan (X% per year).

Import Prices by Country

The average import price for blankets and travelling rugs of synthetic fibres stood at $X per unit in 2022, falling by X% against the previous year. Overall, the import price continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while Greece ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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